Forty families gathered for a fund-raising event. Suppose the individual contribution for each family is normally distri
Posted: Wed Jul 06, 2022 12:10 pm
Forty families gathered for a fund-raising event. Suppose theindividual contribution for each family is normally distributedwith a mean and a standard deviation of $115 and $32, respectively.The organizers would call this event a success if the totalcontributions exceed $5,000. What is the probability that thisfund-raising event is a success? (You may find ituseful to referencethe z table.Round final answer to 4 decimal places.